Organisational Changes at Golar

Organisational Changes at Golar

ID: 560780

(Thomson Reuters ONE) -




Golar LNG Limited ("Golar" or the "Company") announces today that it has
appointed Iain Ross to replace Oscar Spieler as CEO.  Oscar's main remit on
becoming CEO has always been the successful delivery of FLNG Hilli Episeyo and a
search for his successor to follow shortly thereafter. Having substantially
executed his responsibility to deliver the FLNG Hilli Episeyo, Oscar will
nevertheless remain with the group and fulfil the role of Executive Advisor and
assist Mr Ross until charterers Perenco and SNH accept the FLNG Hilli Episeyo.
The Board of Golar wishes to thank Oscar for his crucial role in conceiving the
project, the progress to date and ultimately delivering this transformational
project so close to schedule and within budget.



Identification and appointment of Oscar's successor was expected to coincide
more closely with the Hilli Episeyo's acceptance however the earlier than
anticipated opportunity to secure the services of Mr. Ross has accelerated this
process. Mr. Ross joins Golar most recently from project delivery firm
WorleyParsons Limited where he held various executive level positions since
2002 including Group Managing Director, Development, an ExCo position with
responsibility for leadership of the Global Hydrocarbons, Power, Infrastructure
and Mining Sectors; the development of the group Strategy, Mergers &
Acquisitions (including integration of acquired companies) and finally as leader
of the Digital Technology start-up.   With 34 years of broad industry and
geographic experience and a focus on sustainable growth of businesses, Iain
brings to Golar a strong leadership skill set across strategic, technical,
commercial and relationship development disciplines. Iain has a bachelor's
degree in Mechanical Engineering from Heriot-Watt University, is a Fellow of




Engineers Australia and certified International Director from INSEAD.  This
skill-set is expected to serve Golar well as it seeks to move out along the LNG
value chain to develop a growing subset of gas to power opportunities.



The Board of Golar wishes both Oscar and Iain well for the future.




FORWARD LOOKING STATEMENTS

This press release contains certain forward-looking statements concerning future
events and Golar's operations, performance and financial condition. Forward-
looking statements include, without limitation, any statement that may predict,
forecast, indicate or imply future results, performance or achievements, and may
contain the words "believe", "anticipate", "expect", "estimate", "project",
"will be", "will continue", "will likely result", "plan", "intend" or words or
phrases of similar meanings. These statements involve known and unknown risks
and are based upon a number of assumptions and estimates that are inherently
subject to significant uncertainties and contingencies, many of which are beyond
Golar's control. Actual results may differ materially from those expressed or
implied by such forward-looking statements.

Golar LNG Limited
Hamilton, Bermuda
21 September 2017

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Golar LNG via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 21.09.2017 - 09:00 Uhr
Sprache: Deutsch
News-ID 560780
Anzahl Zeichen: 4066

contact information:
Town:

Hamilton



Kategorie:

Business News



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